GDP Constant Prices in Philippines decreased to 2257007.26 PHP Million in the first quarter of 2019 from 2494033.36 PHP Million in the fourth quarter of 2018. GDP Constant Prices in Philippines averaged 1066527.66 PHP Million from 1981 until 2019, reaching an all time high of 2494033.36 PHP Million in the fourth quarter of 2018 and a record low of 487413.68 PHP Million in the third quarter of 1985.
GDP Constant Prices in Philippines is expected to be 2434423.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Philippines to stand at 2648142.00 in 12 months time. In the long-term, the Philippines GDP Constant Prices is projected to trend around 3003586.00 PHP Million in 2020, according to our econometric models.